THIRD AVENUE Total Risk Alpha
| TAREX Fund | | | USD 22.31 -0.36 -1.59% |
Observed values used to calculate the Total Risk Alpha technical indicator for Third Avenue Real. Technical inputs may vary across markets and data providers.
Third Avenue Real has current Total Risk Alpha of
-0.08. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.08 | |
| ER[a] | = | Expected return on investing in THIRD AVENUE |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on THIRD AVENUE |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Third Avenue Real is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare THIRD AVENUE to Peers
Other Technical Indicators